Cimpress (CMPR) CFO receives 59,194 performance share units tied to FY 2026 goals
Rhea-AI Filing Summary
Cimpress plc reported that EVP and CFO Sean Edward Quinn acquired 59,194 Performance Share Units (PSUs). These PSUs relate to an award granted on August 15, 2025, with performance conditions based on adjusted EBITDA and variable gross profit for the fiscal year ended June 30, 2026. On August 7, 2026, the Compensation Committee determined the number of shares issuable, with each PSU representing one ordinary share. The PSUs vest over four years: 25% on August 15, 2026 and 6.25% of the determined shares vesting quarterly thereafter, and are scheduled to expire on August 15, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quinn Sean Edward
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units F1, F2 | 59,194 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Share Units — 59,194 shares (Direct)
Footnotes (2)
- F1. Performance share unit (PSU) award granted on August 15, 2025 with performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc for the fiscal year ended June 30, 2026. On August 7, 2026, Cimpress' Compensation Committee determined the number of shares issuable pursuant to this PSU award based on the level of achievement against the performance conditions, with each PSU representing Cimpress' commitment to issue one ordinary share.
- F2. These PSUs vest over the following four-year period: 25% of the number of shares determined to be issuable vest on the Date Exercisable shown in Table II and 6.25% of such number of shares vest quarterly thereafter.
Key Figures
Performance Share Units granted: 59,194 PSUs
Exercise price per PSU: $0.0000
Vesting initial tranche: 25%
+3 more
6 metrics
Performance Share Units granted
59,194 PSUs
Number of PSUs determined issuable for CFO based on FY ended June 30, 2026 performance
Exercise price per PSU
$0.0000
Stated price per Performance Share Unit
Vesting initial tranche
25%
Portion of determined shares vesting on August 15, 2026
Quarterly vesting rate
6.25%
Portion of determined shares vesting each quarter after initial vesting
Exercise (vesting start) date
August 15, 2026
Date exercisable shown for the PSUs
Expiration date
August 15, 2029
Expiration of the PSU award reported
Key Terms
Performance share unit, adjusted EBITDA, variable gross profit, vest
4 terms
adjusted EBITDA financial
"performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc"
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
variable gross profit financial
"performance conditions based on adjusted EBITDA and variable gross profit of Cimpress plc"
vest financial
"These PSUs vest over the following four-year period: 25% of the number of shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Cimpress (CMPR) CFO Sean Edward Quinn report?
Cimpress CFO Sean Edward Quinn reported an acquisition of 59,194 Performance Share Units. These PSUs are tied to a prior performance-based award and each unit represents Cimpress’ commitment to issue one ordinary share upon vesting over a four-year schedule.
What performance metrics determine the Cimpress (CMPR) PSU award for the CFO?
The PSU award is based on adjusted EBITDA and variable gross profit of Cimpress plc. These metrics were measured for the fiscal year ended June 30, 2026, and the Compensation Committee used the achievement levels to fix the number of PSUs issuable.
What is the vesting schedule for the CMPR CFO’s 59,194 PSUs?
These PSUs vest over a four-year period. 25% of the determined shares vest on August 15, 2026, and 6.25% of the shares vest quarterly thereafter, subject to the award’s terms, until the full amount is vested or expires on August 15, 2029.
Do the Cimpress (CMPR) PSUs granted to the CFO have an exercise price?
The PSUs carry a stated exercise price of $0.0000 per unit. Each PSU represents Cimpress’ commitment to issue one ordinary share upon vesting, reflecting a performance-based equity incentive rather than a traditional stock option with a purchase price.
When were the Cimpress (CMPR) CFO’s PSUs granted and when do they expire?
The underlying PSU award was granted on August 15, 2025. Following performance determination on August 7, 2026, the PSUs are scheduled to become exercisable starting August 15, 2026 and expire on August 15, 2029, subject to their vesting terms.